Sure, New York's pizza might be better; and the Big Apple definitely has us beat in public transportation. But, when it comes to affordable real estate, L.A. has always trumped NYC — until recently. These days, it’s hard to open the L.A. Times without reading about the dramatic rise in price per square foot — particularly in homes in the trendier neighborhoods. In fact, L.A. snagged two spots on Redfin’s recent list of the nation's 30 most competitive neighborhoods to buy a home: Silver Lake clocked in at No. 5, and Highland Park at No. 11.
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